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Author Question: ______________________________ includes data processing functions related to economic events such as ... (Read 88 times)

Coya19@aol.com

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on: Jul 5, 2018
___________________ ___________ includes data processing functions related to economic events such as accounting events, internal operations and financial statement preparation.
 Fill in the blank(s) with correct word

Question 2

A city's Internal Service Fund provides services only to general government departments. During the year, the Internal Service Fund reports operating revenue of 100,000 and operating expenses of 80,000 .
 
  What adjustment is needed to the governmental funds operating statement information to reflect these transactions in the statement of activities in the government-wide statement?
  A. Increase revenue by 100,000.
  B. Decrease revenue by 20,000.
  C. Decrease expenses by 20,000.
  D. Increase expenses by 80,000.


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dlook33

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Reply #1 on: Jul 5, 2018
Answer to Question 1

Information processing

Answer to Question 2

C


Coya19@aol.com

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Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

matt95

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Reply 3 on: Yesterday
Wow, this really help

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